Perosh lost his two UFC fights in 2006, and he returned to the organization earlier this year for UFC 110, which marked the UFC’s Australian debut. But as a late replacement for injured Ben Rothwell, he suffered a TKO loss to Mirko “Cro Cop” Filipovic. The defeat followed a solid 4-1 run in Australia’s Cage Fighting Championships promotion.

He’ll attempt his first UFC win for the fourth time against Blackledge, an M-1 vet and veteran of the U.K. fight circuit. Although he hasn’t fought since August 2009, he’s riding a two-fight win streak with stoppage wins over Tatsuya Mizuno and Enoc Solves Torres (which came via dramatic nine-second head-kick KO at M-1 Challenge 18).
He served a coaching stint with Michael Bisping on “The Ultimate Fighter 10″ and was scheduled to fight at UFC 120 in October, but the fight never materialized due to a string of injuries to him and his opponents.

UFC 127 takes place at Acer Arena in Sydney, Australia, and due to the time difference, airs live on Feb. 26 in North America.

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